Most active fund managers underperform the market for 11th straight yearIn any given year, it's nearly impossible to predict what the market will do. Furthermore, it's incredibly difficult for an individual to put together a portfolio that generates market-beating returns.
Stock Markets
U.S. stock markets are now down for the seventh consecutive week. On Wednesday, equities saw the biggest one-day decline in the history of the S&P 500 index since June 2020. The S&P 500 fell 20.9% from its intraday high last January. Thereby exceeded the technical 20% pullback indicative...
Dutch cryptocurrency exchange Bitvavo says it has 280 million Euros ($297 million in USD) stuck with Digital Currency Group (DCG), or 17.5% of the $1.6 billion Euros Bitvavo says it manages in deposits and other assets. Bitvavo assured customers that the...
Morgan Stanley believes the dramatic drops in some high-flying technology stocks this month is further evidence the stock market will go lower.
"The weaker earnings beat from several Tech leaders and outright misses from Netflix and Facebook were simply additional support for our call," chief U.S. equity strategist Michael...
The world’s largest crypto exchange Binance had the potential to reap mega earnings from Terra’s UST algorithmic stablecoin before it crashed last week, along with its sister cryptocurrency Luna.
In 2018, Binance put $3 million into Luna and received 15 million tokens in return. At Luna’s price peak in April,...
Markets in Asia edged up on Friday as hopes rise on a potential trade deal between China and the U.S.
The Nikkei 225 in Japan advanced 0.38% to close at 21,807.50, as shares of companies which are dependent on...
Bitcoin on Tuesday floated at the $19,000 level, where it has remained for about a month with some momentary breaks.
The largest cryptocurrency by market cap, whose volatility has been uncharacteristically low in recent weeks, was down by 1.1% at $19,002.70, according to Coin Metrics. Ether
fell 2% to $1,282.17.
Crypto prices...
U.S. stocks rose Friday to clinch weekly gains as investors monitored the prospects for another round of fiscal stimulus from Congress, with President Donald Trump, once again, saying he was open to a broader package.
The S&P 500 SPX, +0.87% rose 0.9%...
The Nasdaq hit a record closing high for the second day in a row on Tuesday, helped by tech and consumer discretionary shares, while the euro recovered after Italy's new prime minister said the government had never considered leaving the euro zone.
Shares of Amazon (AMZN.O), Apple (AAPL.O) and Netflix...
The cryptocurrency market and wider global financial markets fell under pressure on April 26 after the hype surrounding Elon Musk's purchase of Twitter began to fade and concerns about the state of the global economy took the forefront again.
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